Duterte signs 1st tax reform package into law
President Rodrigo Duterte has signed into law the Tax Reform for Acceleration and Inclusion (Train) bill which is expected to generate P130 billion in revenues.
READ ALSO: ABOUT Tax Reform for Acceleration and Inclusion (Train)
Duterte signed Republic Act 10963 or the Train law – a priority measure of the Duterte administration – at Malacañang's Ceremonial Hall on Tuesday, December 19.
Revenues from the tax reform measure are meant to fund the Duterte government's Build, Build, Build infrastructure program and socio-economic programs.
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